38, THOMSON DRIVE, CODNOR, RIPLEY, DE5 9RU - £95,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

38 THOMSON DRIVE is a very small detached house of 55m², built sometime between 1976 and 1982, which could now be worth an estimated £175,814. It was last sold for £95,000 in February 2013, which was around 48% below the average February 2013 detached price in the Amber Valley local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

38 THOMSON DRIVE Sold Prices

Land registry data shows two sales for 38 THOMSON DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 38 THOMSON DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2013 12 FEB	£95,000	£181,972	48% below HPI
1997 2 JUN	£49,000	£65,899	26% below HPI

38 THOMSON DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two 38 THOMSON DRIVE sales from June 1997 and February 2013 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 1997 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2013 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 38 THOMSON DRIVE be worth now?

38 THOMSON DRIVE might now be worth an estimated £175,814.

This is based on house price inflation of 85.1%, between February 2013 and December 2024, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 85.1% inflationary increase is applied to the most recent sale price for 38 THOMSON DRIVE of £95,000 on 12th February 2013. For the value to have increased from £95,000 to £175,814 over the ten years and two months to December 2024, the following assumptions must hold true:

• The value of 38 THOMSON DRIVE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The February 2013 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 38 THOMSON DRIVE has not materially changed since February 2013.

How Large is 38 THOMSON DRIVE?

38 THOMSON DRIVE is 55m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% of detached houses houses in Ripley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ripley, and where 38 THOMSON DRIVE lies on this distribution: 2% of detached houses houses are smaller than 38 THOMSON DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Ripley.

38 THOMSON DRIVE: Plot and Title Map

38 THOMSON DRIVE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 38 THOMSON DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 38 THOMSON DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 38 THOMSON DRIVE?

38 THOMSON DRIVE is located in CODNOR, in the DE5 postcode district. The below map shows the position of No. 38 on THOMSON DRIVE.